Maine Northern Vocational-Technical Institute Bond Measure (1978)
| Maine Northern Vocational-Technical Institute Dormitory Bond Measure | |
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| Topic Bond issues and Higher education funding |
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| Type Bond issue |
Origin |
Maine Northern Vocational-Technical Institute Dormitory Bond Measure was on the ballot as a bond issue in Maine on November 7, 1978. It was approved.
A "yes" vote supported issuing $2.1 million in bonds for the construction of a dormitory at Northern Maine Vocational-Technical Institute. |
A "no" vote opposed issuing $2.1 million in bonds for the construction of a dormitory at Northern Maine Vocational-Technical Institute. |
Election results
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Maine Northern Vocational-Technical Institute Dormitory Bond Measure |
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| Result | Votes | Percentage | ||
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191,888 | 57.91% | ||
| No | 139,486 | 42.09% | ||
Text of measure
Ballot title
The ballot title for Northern Vocational-Technical Institute Dormitory Bond Measure was as follows:
| “ | Shall a bond issue be ratified for the purposes set forth in an act to authorize a self-liquidating bond issue in the amount of $2,100,000 to establish a dormitory at Northern Maine Vocational-Technical Institute, passed by the Second Regular Session of the 108th Legislature | ” |
Path to the ballot
In Maine, voter approval is required for state bond issues that exceed $2 million, with exceptions to bonds for the purpose of suppressing insurrection, repelling invasion, or for purposes of war, as well as for temporary loans paid out of money raised by taxation during the fiscal year which they are made, or for loans to be paid within 12 months with federal transportation funds.
A two thirds majority (66.67%) vote is required during one legislative session for the Maine State Legislature to place a bond issue on the ballot. That amounts to a minimum of 101 votes in the Maine House of Representatives and 24 votes in the Maine State Senate, assuming no vacancies. State bond issues require the governor's signature to be referred to the ballot.
See also
External links
Footnotes
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State of Maine Augusta (capital) |
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